Baldor Electric parent company to partner with HPE on industrial data
by November 28, 2017 6:09 pm 835 views
A robot on the floor of ABB's manufacturing plant in Fort Smith.
ABB, Switzerland-based parent company to Baldor Electric, has partnered with Hewlett Packard Enterprise (HPE) for a strategic global partnership combining ABB’s industrial-focused digital asset (ABB Ability) with HPE’s hybrid IT solutions.
The partnership will target customers looking for actionable insights from vast amounts of industrial data to increase efficiency and flexibility of their operations.
ABB and HPE will deliver joint industry solutions that merge operations technologies (OT) and information technology (IT) to convert industrial data into insights and automation, combining widely-adopted cloud platforms like Microsoft Azure with IT systems running in corporate data centers and at the edge of the network.
The outcome promises to accelerate data processing in industrial plants while enabling control of industrial processes across locations.
“This strategic partnership marks the next level of the digital industrial transformation. Together, we will bring intelligence from cloud-based solutions to on-premises deployments in industrial plants and data centers for greater uptime, speed and yield,” said ABB CEO Ulrich Spiesshofer. “ABB and HPE will deliver solutions that span the entire range of computing required by enterprises today, from the edge to the cloud to the core.”
“This alliance between two global leaders is unprecedented in terms of breadth and depth, and it will be ground-breaking for the progress of the Industrial Internet of Things,” said Meg Whitman, CEO, HPE. “Together with ABB, we will shape a digital industrial future where everything computes, equipping machines with intelligence to collaborate, allowing plants to flexibly adapt to changing demands, and enabling global supply chains to instantaneously react to incidents. This partnership will create exciting business opportunities for our joint customers.”
ABB boasts 70 million connected devices, 70,000 digital control systems, and 6,000 enterprise software solutions. Research firm IDC forecasts that worldwide spending on the Internet of Things (IoT) will grow to $1.4 trillion in 2021 from an expected $800 billion in 2017. The largest investments are being made in areas such as manufacturing, transportation and utilities.